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23,000 the dow has hit 20, 21, now 23,000 this year alone driven mainly by hope for tax cuts and strong corporate profits. latest milestone comes on the eve of a dark anniversary for the dow. black monday, 30 years ago today, the dow fell 22.6%, the biggest decline of all time. something that honestly could happen again because we have circuit breakers in the system now to prevent panicky people and overloaded computers from selling so strongly. seriously, 1987. that was a day a lot of folks got their start in this business with a very big decline. blue apron laying off hundreds. the company...

Dropped 508 points and lost 22.6% of its value. it was the greatest percentage loss in a single day. today the dow is far less vulnerable to those kind of factors that caused the crash. this week it has been trending and trading at all-time highs. look at this. above 23,000 and janet yellen fed chair is having her meeting with president trump today. something that really stands out this week. we're talking so much about tax reform and president trump often takes credit for the boom we've seen in the stock market. and he can certainly take credit for some of this trump bump. corporate america f...

Closing above 23,000 for the first time wednesday. today it's the 30th anniversary of black monday the largest one day drop the u.s. history. nicole live on the floor of the new york stock exchange. nicole, what do you have? >> dana, we're watching a market slightly under pressure today. we closed at a record all-time high yesterday, above that 23,000 mark. it was the fourth 1,000 milestone of 2017. so you had 20, 21, 22, 23,000. today under a little bit of pressure. let's go to 1987. this was 30 years ago where the stock market crashed 22.6%. traders obviously talk about this day. they're eve...

Look, if it closes up, it's a record but it's been down for the last little while. the important thing is that we're checking the markets on this, the 30th anniversary of black monday. that's the day the stock markets around the world crashed, starting by the way in the east with hong kong, spreading west through europe before hitting the united states where the dow jones industrial on that day fell 508 points. here's the chart of it. doesn't look like a whole lot. look at that drop. that was 22.6% of the market in one day. can you imagine the market dropping 22% in one day? that was the singl...

To report earnings growth of 2.8% for the third quarter. not as strong as the first half of the year likely because of the effects of hurricanes harvey and irma, particularly on the insurance industry. now, if you exclude the insurance industry, forecast earnings growth of nearly 5%. wall street marks a dark anniversary this week, black monday. on october 19th, 1987, the dow fell 22.6%. it is still the biggest one day percentage drop of all time. what a difference 30 years makes. the dow is now approaching the 23,000 mark and that's a rise of more than 1200% since black monday. in new york, i'...